Sentences with phrase «fossil fuel sector»

Major investment indices are now only half as exposed to the fossil fuel sector (1.5 per cent to coal, 7 per cent to oil and gas) as they were five years ago.
calls for a managed decline of the fossil fuel sector in line with the Paris climate goals.
Norway has all of the characteristics of a country that must be a first mover in the managed decline of its fossil fuel sector, and they are feeling the heat (see here, here, and here).
Not mentioned is the crucial fact that globally, the fossil fuel sector delivers B$ 800 in tax revenues and royalties to state treasuries.
calls for no new exploration or expansion of oil, coal, or gas, and a managed decline of the fossil fuel sector.
The Lofoten Declaration calls for no new exploration or expansion of oil, coal, or gas, and a managed decline of the fossil fuel sector.
View our infographics to find out what the implications of climate risk for the financial and fossil fuel sector are.
I have no shares or any kind of pecuniary interest in the fossil fuel sector or current commercial engagement to support that sector's interest directly or indirectly.
Regardless of who wins the election, that means standing firm against the continued expansion of the fossil fuel sector into new and high - risk territories, whether through tar sands, fracking, coal exports to China or Arctic drilling.
There is a potential role for the Australian Securities and Investment Commission to examine whether the stigmatisation of the fossil fuel sector via the divestment campaign is a breach of the [Corporations Act].
It would also create more jobs in poorer areas that often fare badly from the fossil fuel sector.
-- A discussion of the potential impacts to the fossil fuel sector itself, including legislation, changing public sentiment, and infrastructure vulnerabilities.
The attempt to smear the ISPM project by a false insinuation that the writers and / or reviewers were in the pay of the fossil fuel sector is nothing more than an attempt to discredit the project in the mind of the public, in order to prevent people from reading it.
The huge influx of political spending by the fossil fuel sector in the last campaign cycle has also pushed Republicans to the barricades, said Dotson and other Washington observers.
«We have seen in recent weeks how the fossil fuel sector has misled consumers and investors about emissions — the Volkswagen scandal being a case in point — and deliberately acted against climate science for decades, judging from the recent Exxon expose.
Capital flight from stranded assets across the fossil fuel sector is accelerating (Shares of Peabody Energy, the largest private - sector coal miner in the world, are now down 99.7 per cent over the.
«I'm optimistic because through DivestInvest, you can avoid the risks facing the fossil fuel sector, limit the wider climate risks, and make attractive returns from the clean economy,» said Sarah Butler - Sloss, Chairman of the Ashden Trust and Founder, Ashden.
Growing economic headwinds in the fossil fuel sector — particularly in the coal and oil industries — may bring about radical change much sooner than Obama's Clean Power Plan.
While I suspect the bounce up for renewables will be slower than the drop in the fossil fuel sector, I think it will be interesting to watch for an effect.
In Spain, Austria and Denmark, the fossil fuel sector tended to hire high - level politicians.
This evolution of our research kept climate risk on the agenda of the fossil fuel sector by tackling the fundamentals of the business.
He also receives a huge percentage of his campaign money from the fossil fuel sector.
The report confirms that while Norway has precedent - setting potential, the country must step up and lead in a managed decline of its fossil fuel sector.
We need to be developing an alliance with what remains of the unionized labour movement: at a minimum to support the development of training programs for fossil fuel sector workers, and more ambitiously to support the emergence of an electable political ideology that calls for the transition away from capitalism intent on endless growth in consumption.
In 2015 alone, Australia's four biggest banks — Westpac, ANZ, NAB, and the Commonwealth Bank — pumped US$ 5.5 billion into the fossil fuel sector, supporting coal, oil and liquefied natural gas in Australia and overseas.
A report published in March by Carbon Tracker found that while Chevron's climate disclosures generally lagged its peers it was representative of thinking right across the fossil fuel sector.
Consequently, this document, and accompanying animation, outline the variables that must be ascertained before calculating the size of a carbon budget and what that budget might mean for the fossil fuel sector.
In addition, the 40 - page report said, the global fossil fuel sector receives approximately $ 1.9 trillion in subsidies each year.
Right now, there is a significant conflict of interest when government officials have an individual or collective interest in the continued profitability of the fossil fuel sector.
Carbon Tracker's analysis shows how it's possible to use forward - looking, quantitative metrics to compare multiple companies within the fossil fuel sector.
We have shown how it's possible to use forward looking, quantitative metrics to compare multiple companies within the fossil fuel sector in our 2ºC of Separation report.
Meanwhile, shale gas «fracking» and the potential recovery of methane hydrates from the ocean floor demonstrate that there is a great deal of R&D left to do in the fossil fuel sector.
My own research shows that, even taking the OECD's analysis at face value, when we compare the «subsidies» given to green and brown sectors on a unit - for - unit basis, the renewable sector enjoys thirteen times the subsidy that the fossil fuel sector received.
The oil price collapse, which follows a drop in global coal prices, shows that the global fossil fuel sector is presently one of the world's riskiest asset classes.
DiCaprio attended a meeting of the Divest - Invest Coalition in New York City Tuesday, where he pledged to end his personal and his Leonardo DiCaprio Foundation's investments in the fossil fuel sector.
In terms of advocacy, this is tricky; people in the fossil fuel sector will doubtless claim that lower climate sensitivity means rapid reductions in fossil fuel use are not necessary, so they can go on with their plans for more gas and oil development without breaching the Paris Agreements, etc..
A local example: Hurricane Sandy caused $ 65 billion in damages alone, and wasn't limited to the fossil fuel sector.
Trump has worked hard to appoint and staff his administration with people loyal to the fossil fuel sector and is coming up with absurd strategies to attempt to resurrect coal in the United States.
His rivals play off it on the campaign trail, with the NDP's Thomas Mulcair bemoaning billions in subsidies to the fossil fuel sector and Liberal Leader Justin Trudeau saying Harper «bet everything on the price of oil.»
It's also giving the fossil fuels sector whiplash from a White House whose energy policies have otherwise been very good to them, from starting to undo greenhouse gas regulations to opening more public land to mining and drilling and tax cuts.
At a time when countries must be planning for a just transition and a managed decline of their fossil fuel sectors, Norway is doing the opposite: it is looking for ways to keep adding new reserves to the mix.
The fossil fuels sector is promoting «alternative» fuels like coal seam gas and tar sands oil as the next bonanza.
Specifically, a clean - energy investment agenda generates more than three times the number of jobs within the United States as does spending the same amount of money in the fossil fuel sectors.
While all countries will need to undergo a managed decline of their fossil fuel sectors, the poorest nations will need significant support, including being allowed to burn their fair share of the global carbon budget to aid in the transition.
Even fairly steep increases can be manageable so long as they're regular and predictable, particularly now that the share of economic activity occupied by the fossil fuels sector is at an historic low — provided the revenues are distributed or tax - shifted back to Americans.
Instead of being the world's 7th largest emissions exporter, Norway should join the small but growing list of countries (France and Costa Rica so far) that are planning a climate - defined end to their fossil fuel sectors.

Not exact matches

Fossils fuels are no longer the largest recipient of investment in the energy sector, the latest report from the International Energy Agency said Tuesday.
They assume we possess no competitive advantage in the sector, and have been lulled into complacency by virtue of our abundant fossil fuel resources.
To ensure the fund had a low - carbon footprint, NUBD excludes issuers in sectors having high levels of fossil - fuel reserve ownership — which includes metals miners and oil and gas producers.
The message that the low carbon transition poses substantial risks for fossil fuel companies - many of whom number among the world's richest companies - finally seems to be cutting through to the financial sector.
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